Reliable Power Demand Fuels a New Market

Market demand for high-quality power-available 99.99 percent of the time-is growing faster than traditional utilities can cope, according to Mark Mills, president of the Washington, D.C.-based investment analyst firm Mills-McCarthy & Associates.Other companies are stepping in to meet the need, Mills told a reporter for Restructuring Today.

Staff

03/01/2001

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Market demand for high-quality power-available 99.99 percent of the time-is growing faster than traditional utilities can cope, according to Mark Mills, president of the Washington, D.C.-based investment analyst firm Mills-McCarthy & Associates.

Other companies are stepping in to meet the need, Mills told a reporter for Restructuring Today . New businesses springing up to meet this demand are "generating $50 million per year in products and have growth rates of 30 percent per year, with profit margins for the power quality firms vastly higher than those of utility," the newsletter reported.